EU pledges $24m. to ease Jordan’s economic woes

European Union foreign policy chief Federica Mogherini announces 20 million euros ($23.5 million) in aid for Jordan following a wave of anti-austerity protests that led to the prime minister’s resignation.

The EU will support Jordan “with all possible means at our disposal including economic and financial means,” Mogherini says during a visit to Amman.

“This is a country that has a vital role to play in the region,” she tells a news conference. “You will have always the EU at your side fully supporting your reform work.”

The funds would “address in particular the needs of Jordanians that are particularly vulnerable,” Mogherini says.

Cash-strapped Jordan, a close US ally that relies heavily on donors, is struggling to rein in its debt after securing a $723-million loan from the International Monetary Fund in 2016.

— AFP

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